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Wake County, NC · Sold

NC-154945

856 County Road 42

$97,500
$6,026/ac · 16.18 ac
Acreage16.18 ac
Price per acre$6,026/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedMar 22, 2026
Coordinates35.8680, -78.7350
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Wake County, North Carolina. Piedmont builder demand plus mountain view lots in the west.

View Wake market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
67
High risk
Wetlands44.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area8.58 of 16.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$70,413
$59,389$81,437 · $4,352/ac on 16.18 ac
Asking vs estimate
+38.5%
Priced above the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $97,500
Maximum allowable offer
$40,236
$2,487/ac · +30.0% target margin

You need $57,264 off asking to hit this margin.

All-in cost$43,656
Net resale$64,780
Projected profit$21,124
ROI+48.4%
Annualized+69.2%
Break-even resale$2,933/ac
Profit if resale lands off target
-20%
$8,168
-10%
$14,646
0%
$21,124
+10%
$27,602
+20%
$34,080
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-285199
Landlocked · Off grid
19.4Jul 27, 2026$50,7002,6053,8315.1 mi
86
NC-604686
Gravel · Power at road
13.4Jul 27, 2026$67,4005,0294,0997.6 mi
81
NC-974370
Gravel · Off grid
10.7Jul 27, 2026$62,8005,8835,5254.4 mi
79
NC-825316
Gravel · Power at road
21.2Aug 26, 2025$124,3005,8725,2391.8 mi
76
NC-404841
Landlocked · Power at road
15.0Jul 17, 2024$39,4002,6273,4563.9 mi
76
NC-774987
Gravel · Off grid
16.7Nov 19, 2024$75,8004,5434,77410.8 mi
75
NC-644612
Landlocked · Off grid
12.7Dec 7, 2024$41,2003,2454,8656.0 mi
73
NC-886079
Gravel · Power at road
36.8Apr 18, 2026$138,0003,7503,5494.9 mi
70
NC-586497
Gravel · Off grid
49.8Dec 18, 2025$166,3003,3393,9907.8 mi
67
NC-286304
Landlocked · Off grid
43.3Jun 28, 2025$102,4002,3654,1234.5 mi
66
Show adjustment detail for the top comp
  • Tract size (19.45 ac → 16.18 ac)+2.2%
  • Utilities (Off grid → Full utilities)+43.5%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.